Can A Franchisee Terminate A Franchise Agreement

Franchise agreements are legal documents and should always be treated with caution. Signing, modifying or closing has important consequences. By agreeing to terminate the franchise agreement, the franchisee loses the franchisee`s income and could damage its reputation. The Code does not explicitly impose on franchisors the right to terminate the franchise agreement, but it does impose certain practical obligations where franchisors require a contractual right of termination. Franchise agreements normally describe what happens when the contract ends. As a general rule, franchisees may not use the franchisee`s trademarks and intellectual property and are subject to a commercial restriction. Below we present your different options if you find that your franchise is not working as you had hoped. .

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